Joy Global (NYSE:JOY) also reported results this morning, with shares down more than 6% after saying its fourth quarter profit plunged 87% as it struggles to cut costs amid weaker demand in emerging markets.

In other news, Mastercard (NYSE:MA) announced a 10-for-1 stock split as well as an 83% dividend increase and a $3.5 billion stock buyback program.

Discovery (NASDAQ:DISCA) has reportedly discussed making an offer for Scripps Networks (NYSE:SNI), which owns the Food Network, HGTV, and the Travel Channel. Shares of Scripps jumped over 7%.

GM (NYSE:GM) is planning to follow in Ford’s (NYSE:F) footsteps and halt manufacturing in Australia by 2017, taking pretax charges of $400 to $600 million in the fourth quarter, with 2,900 workers to lose their jobs.

Hilton Worldwide (NYSE:HLT) is due to price its IPO after the close of market today. Should it sell the shares at the top of its anticipated $18 to $21 range, the listing would raise $2.7 billion, making a pile of money for owner Blackstone (NYSE:BX).

Home Depot Inc. (NYSE:HD) shares gained 0.5% after saying it plans to reach its 2015 goals a year earlier than expected. It expects to reach an operating margin of around 12% and a return on invested capital of 24% by the end of 2014, a year earlier than anticipated.